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Development, Office

Seaspan Planning North Shore Office Building

Seaspan is seeking development permit approval to construct an office building to provide the necessary office facilities for their ship building operations at the foot of Pemberton Avenue in North Vancouver.

The new central facility will house the office component of its ship building and marine service operations. The location on the site offers both overview of the shipyards, and easy access for staff moving back and forth between on-site facilities. The proposal includes:

  •  a new 4-storey building with offices, meeting rooms, change rooms, and a canteen for the Seaspan staff
  • Total floor area of 84,000 SF
  • 122 parking spaces on an adjacent lot

In 2011, Seaspan was awarded a contract to build 17 non-combat ships on the adjacent site.

Seaspan_1Seaspan Seaspan_2

October 5, 2015by david.taylor@colliers.com
Investment, Office, Retail

Richmond Retail/Office Building Sells in $24.25MM Deal

8010 Saba Road in Richmond has sold for $24,250,000. The property is improved with a 33,456 SF retail and office building whose main tenants include HSBC and National Bank Financial. The purchase price equates to a 4.4% cap rate, or $722 per SF. The building was sold by bid process in June with no asking price.

Here is a video overview of the property by the listing agent, Cushman Wakefield:

8010 Saba Road, Richmond BC from Cushman & Wakefield | Vancouver on Vimeo.

September 3, 2015by david.taylor@colliers.com
Development, Office

New Mixed-Use Building Planned for Railtown

A new light industrial/office building is being planned for a mid-block site on Railway Street, in an area East of Main Street along the CN Rail tracks. The plan for the 132′ x 53′ (6,584 SF), M-2 zoned site is for a 6-storey building including:

  • retail on the ground floor, manufacturing on floors 2, 4 & 5, wholesaling on the third floor and office space on the 6th floor
  • a total density of 5.0 FSR
  • a building height of 100 ft.
  • 3 levels of underground parking
  • no building setbacks

Considered Design Inc., the landscape architect for the project, has some renderings on their website, including the one below.

353 Railway_1353 Railway

 

August 28, 2015by david.taylor@colliers.com
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